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Started By
Message
Share price in freefall
Posted on 9/16/14 at 10:17 am
Posted on 9/16/14 at 10:17 am
What would this indicate?
Over the past two days, shares for a company have gone from 22p a share to 18p a share (and still dropping).
Over the past two days, shares for a company have gone from 22p a share to 18p a share (and still dropping).
2
Posted on 9/16/14 at 10:19 am to TN Bhoy
quote:
What would this indicate?
That people are selling.
If you want a more serious answer, most will want to know the ticker for the company.
Posted on 9/16/14 at 10:21 am to OnTheBrink
quote:
most will want to know the ticker for the company.
RFC. Rangers Int
Context: They just had a share issue end last week.
This post was edited on 9/16/14 at 10:23 am
Posted on 9/16/14 at 10:23 am to TN Bhoy
quote:
RFC. Rangers Int
Knowing nothing about soccer or Rangers, I am sticking with my original answer, people are selling.
ETA: Was the share issue an IPO? Or were they issuing more shares to raise capital? I know MANU went public not too long ago. If they issued shares to raise money, most investors view that as a sign of weakness.
This post was edited on 9/16/14 at 10:26 am
Posted on 9/16/14 at 6:19 pm to TN Bhoy
quote:
Over the past two days, shares for a company have gone from 22p a share to 18p a share (and still dropping).
As has already been said, this merely indicates demand is slipping. There can be many reasons why ranging from "Oh my God the Rangers will get relegated" to some Russian oligarch's daughter breaking up with her player boyfriend and selling her shares to express her displeasure.
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